...NEW YORK (Standard & Poor's) Sept. 29, 2015--Standard & Poor's Ratings Services today noted that KeHE Distributors Holdings LLC through KeHE Distributors LLC recently amended its credit agreement. While overall a credit positive, the amendment has no impact on our corporate credit or issue-level ratings on the company at this time. KeHE amended the terms of its existing revolving credit facility this month, including an extended maturity to 2020 from 2018 and increased aggregate commitments to $500 million from $400 million. Our rating on the company's revolver remains '##-', with a '1' recovery rating, indicating very high (90% to 100%) recovery in the event of default. Our rating on the second-lien notes remains 'B-', with a '5' recovery rating, indicating our expectation for modest recovery in event of default at the higher end of the 10% to 30% range. Overall, operating results continue to remain in line with our expectations, including the latest first-quarter fiscal 2016. We have...
